Unitus Seed Fund


Unitus Seed Fund is a social impact investment venture fund based in Bangalore and Seattle. It funds early-stage Indian technology startups, primarily in the healthcare, education and financial sectors. As an impact investment fund, its focus is on startups that serve low and middle-income consumers.

History

Unitus Seed Fund was started in 2012 by Unitus Group, a financial services group founded in 2000 with the goal of making money while reducing global poverty. In the summer of 2012, Unitus Seed Fund spun out of Unitus Group as a separate venture investment management company and fund in order to scale-up investing operations. Its first fund was USD 23 million and in 2016 it started raising a second fund with a target of USD 50 million. Its early investors included Bill Gates, Vinod Khosla, and the Michael and Susan Dell Foundation.